Avondale Aeronautics has perpetual preferred stock outstanding with a par value of $$100.$ The stock pays a quarterly dividend of $$2\mathrm{.}00$ and its current price is $ $112$ What is its nominal annual rate of return? Do not round intermediate calculationsRound your answer to two decimal places b$.$ What is its effective annual rate of return? Do not round intermediate calculations. Round your answer to two decimal places